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TransAct Technologies Incorporated (NASDAQ:TACT) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of TACT, it is a company with great financial health as well as a a great history of performance. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on TransAct Technologies here.
Flawless balance sheet with proven track record
TACT's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This implies that TACT manages its cash and cost levels well, which is an important determinant of the company’s health. Looking at TACT's capital structure, the company has no debt on its balance sheet. This means it is running its business only on equity capital funding, which is typically normal for a small-cap company. TACT has plenty of financial flexibility, without debt obligations to meet in the short term, as well as the headroom to raise debt should it need to in the future.
For TransAct Technologies, I've put together three essential factors you should further research:
- Future Outlook: What are well-informed industry analysts predicting for TACT’s future growth? Take a look at our free research report of analyst consensus for TACT’s outlook.
- Valuation: What is TACT worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether TACT is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of TACT? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.